By James Davey LONDON (Reuters) -Sainsbury’s, the first listed British supermarket to update on Christmas trading, forecast full-year profit at…
Marketmind: Keeping counsel ’til CPI
A look at the day ahead in U.S. and global markets from Mike Dolan. No news from the Fed appears…
VW China head sees China’s overall car sales rising 5% in 2023
SHANGHAI (Reuters) -China’s overall passenger vehicle sales are estimated to rise 5% in 2023, Volkswagen AG’s China President Ralf Brandstaetter…
South Africa’s Telkom, Rain terminate deal talks; Telkom shares jump
JOHANNESBURG (Reuters) – South African telecoms operator Telkom and data network provider Rain have terminated discussions about a potential acquisition…
Analysis-Gated UK property funds are open to further risk
By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – UK property funds face further exit requests, asset fire sales and…
Move over TINA, it’s time for TARA
(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other…
China’s 2022 industrial output expected to have grown 3.6% y/y
BEIJING (Reuters) – China’s industrial output is expected to have grown 3.6% in 2022 from the previous year, the Ministry…
StanChart eyes sale of $3.7 billion aircraft leasing unit
By Anshuman Daga SINGAPORE (Reuters) -Standard Chartered is considering a sale, among several options, of its aviation unit, which according…
Credit Suisse may cut 2022 bonus pool by 50% -Bloomberg News
ZURICH (Reuters) -Credit Suisse is considering a 50% cut to its overall 2022 bonus pool, Bloomberg News reported on Wednesday,…
BP hires Equinor exec to lead ventures business
By Ron Bousso LONDON (Reuters) – BP has appointed Gareth Burns to head its global ventures division which oversees the…